August 27, 2008
Microsoft Receives $21M Feedback Payback
Microsoft will receive nearly $21 million from Immersion, a company that develops "tactile-feedback" technology, after the two companies agreed to settle a lawsuit. San Jose, Calif.-based Immersion has developed tactile feedback technology which makes video game controllers vibrate when there is an explosion or some other game action event on screen, Sid Parakh, an equity analyst with McAdams Wright Ragen, told the E-Commerce Times.